As the war in Ukraine moves into a second month, its global economic reverberations are increasing. Energy markets, agriculture, bonds, precious metals — all are roiled as the fighting takes its uncertain path. But beyond economics, longer-term geopolitical themes are emerging, as countries are increasingly forced to pick sides for or against Russian President Vladimir Putin. For US strategic planners, ...

  It was the first evening of a new, relatively relaxed Covid regime in Singapore for many. Masks ceased to be compulsory outdoors and social gatherings could number 10 people. Singing was no longer outlawed. This was a moment worth toasting, cautiously. While the changes stop short of a revolution — the city-state isn’t known for spontaneous lurches — they ...

  For the financial world, it hit with much the same violence as Will Smith’s smack to Chris Rock’s face. And it’s dominated discussion to almost the same extent. The topic in question is the yield curve, and its inversion. The spread between two- and 10-year bond yields has long been regarded as a great indicator of an oncoming recession, ...